NBC NEWS - Apr 12 - In 2012, online dating scams cost Americans ~$55M, according to Internet Crime Complaint Center. Tinder is relatively new but extremely popular. "Because there are so many people using the app, it’s a ripe target for scammers," Satnam Narang, security response manager at Symantec. Scammers often use bots (software that can answer questions with automated responses) to initiate contact with people looking for a date. There have not been any headline-grabbing scams involving Tinder. But on other dating sites, people have been taken for thousands of dollars and allegedly convinced to do things like smuggle drugs into Argentina.

TECH CRUNCH - Apr 10 - Mingleton is a new mobile dating app that uses iBeacon technology to help singles connect only with people in their immediate vicinity. Users sign up with Facebook before being assigned a unique beacon configuration.

Tinder May Not Be Worth $5B, But It’s Way More Valuable Than You Think

WIRED - Apr 11 - Could a site that’s just 20 months old with no revenue model to speak of really be worth $5 billion? The answer was no. Shortly after Bloomberg reported the story Sam Yagan, CEO of IAC’s Match Group, told Forbes while he could confirm a deal was made, “this valuation is nowhere near the truth.”

Tinder eliminates the fear of rejection. “Tinder’s really doing something that has been the Holy Grail for online dating: it becomes fun,” says Mark Brooks, a consultant to the Internet dating industry. Match.com, Brooks notes, has reached a point at which it can only really grow through acquisition or by targeting audiences that would never join dating sites to begin with. Tinder users, many of whom would scoff at “real” online dating, are one such audience. “IAC’s not valuing Tinder based on what it’s worth. They’re valuing it based on what they’ll lose if they don’t own it,” says Brooks. “If Tinder can own mobile and own the younger demographic, then IAC is owning the future with Tinder. It’s an international phenomenon.”

AFP - Apr 7 - AshleyMadison has launched in South Korea where marital infidelity is a crime punishable by up to two years in prison. Within a week, 46K people had signed up. South Korea’s adultery law is not much of a deterrent, and conviction usually results in a suspended sentence rather than actual jail time. Whereas 216 people were given prison terms under the law in 2004, that figure had dropped to 42 by 2008.

Dating sites make millions each year from running their casually oriented dating traffic to Fling.Email greg@globalpersonalsmedia.com for special treatment.___________________________________________________________________

Jiayuan's Founder Starts Online English Education Business

CHINA DAILY - Apr 10 - Gong Haiyanin's is China's first online matchmaker. She started Jiayuan.com and developed it into a Nasdaq-listed company in 2011, 8 years after she set it up. The number of its registered users is 100M so far. Jiayuan.com generated net revenue of 492.6M yuan ($79.28M) in 2013, up 19.9 % YOY. After successfully bringing Jiayuan.com to the capital market, she embarked on starting her second business - online English education.

TECHFIEBER - Apr 9 - German based online flirting app, Lovoo, has reached 10M users. 1.2M users use the app daily and spend ~15 minutes in average on the app. Lovoo is now available in France, USA, Great Britain, Austria, Spain, Switzerland and Brazil.

El Camino Moderation reviews photos, videos, profiles and text to remove inappropriate content. They provide dedicated staff and are super easy, flexible and reliable to work with and have US based project managers. They know iDating. Have a chat with Sukesh at sukeshmohan@ectsoftware.com._____________________________________________________________________

Bisexuals Won't Be Charged Twice By Match.com

SUNDAYWORLD - Apr 8 - Match.com has promised to allow bisexual members to use its dating service to search for men and women. One customer was previously told to take out two subscriptions.

NY TIMES - Apr 5 - Apps like Avocado, Couple and Between help couples stay close. You & Me is a new app is scheduled for public release in early May. It was created by the founders of HowAboutWe. The app lets two people send photographs and voice messages and play a selfie-exchanging game called “Halfsie.” Although the app will be free, the company may eventually add features that let their users ask each other out on prepackaged evenings or events sold through the app.

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